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Part (9] Assume that the government decides to change autonomous taxes in order to achieve equilibrium income. Will it need to raise, lower or leave

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Part (9] Assume that the government decides to change autonomous taxes in order to achieve equilibrium income. Will it need to raise, lower or leave unchanged autonomous taxes to achieve this? If autonomous taxes do need to change by how much do they need to be raised or lowered for the economy to be in equilibrium (solve to two decimal places). Part (10! What if instead of changing autonomous taxes the government decides to act directly to achieve a short run equilibrium? What would the government need to do precisely if it took a direct approach in its fiscal policy response. Part (11! Compare the impacts of both scenarios from parts 9 and 10 on the balance of the government budget which prior to this had been in deficit by $10b. If you had to advise the government on adopting w of these approaches which one would you argue for. Explain why. In your answer consider factors aside from the impact on the budget that may be relevant to the macroeconomy. Do not exceed 150 words and state the number of words you use in your

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